Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price entered to triangle, where it at once bounced from support line, which coincided with support level.
Price rose to resistance line, breaking $3400 level, but soon turned around and dropped below, breaking this level again.
Next, Gold made a gap and continued to fall in a triangle, and later it reached $3215 level, after which bounced up.
Then price exited from triangle, rose to $3400 level and made fake breakout, after which started to decline in falling channel.
In channel, price fell to $3215 level, where at the moment continued to trades close and trying to break this level.
I think Gold can break this level and continue to fall in a falling channel to $3140
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to triangle, where it at once bounced from support line, which coincided with support level.
Price rose to resistance line, breaking $3400 level, but soon turned around and dropped below, breaking this level again.
Next, Gold made a gap and continued to fall in a triangle, and later it reached $3215 level, after which bounced up.
Then price exited from triangle, rose to $3400 level and made fake breakout, after which started to decline in falling channel.
In channel, price fell to $3215 level, where at the moment continued to trades close and trying to break this level.
I think Gold can break this level and continue to fall in a falling channel to $3140
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.